The weekly Market Update is posted and includes the following;
Gold had a good week amid the angst caused by the hurricane and lingering political dysfunction. However the action has been in the industrial metals this year. Barron’s reported a year to date rise of 24% for copper and a whopping 43% lift for palladium. Palladium is of course used in catalytic converters and copper is used in just about everything and while the headline inflation numbers have been more than tame it is worth paying attention to see whether the moves in industrial metals start to spillover elsewhere.
Please click through to read the entire update.
Maui County Fire Tanker 8 filtered to look like a painting.
Engine 99 from LA County Fire in Malibu
From our hike on Sunday. Those are lady bugs, we’ve seen this once before but it has been a while. The odd thing is that the one other time we saw this, more than ten years ago, it was essentially in the exact same spot.